CO HB1215

Redistributes Colorado Lottery Fund proceeds beginning FY 2024-25, increasing the Outdoor Equity Fund allocation from $3 million to $4 million annually and adding $750,000 annually to a new Outdoor Recreation Economic Development Cash Fund.

Creates two new cash funds: the Outdoor Recreation Economic Development Cash Fund (supporting the Outdoor Recreation Industry Office) and the Strategic Outdoor Recreation Management and Infrastructure Cash Fund (for trail construction, signage, visitor management, and recreation planning).

Modifies distribution percentages for lottery proceeds exceeding $20 million: 50% to Public School Capital Construction Assistance Fund, 15% each to Parks/Outdoor Recreation and Wildlife Cash Funds, 10% to Outdoor Equity Fund, and 5% each to the two new funds.

Transfers approximately $723,488 on June 30, 2025 from 13 existing state cash funds to the new Outdoor Recreation Economic Development Cash Fund, with transfer provisions repealing July 1, 2026.

Appropriates $723,488 for FY 2025-26 to the Outdoor Recreation Industry Office, with unexpended funds rolling over for two additional fiscal years.